TG

The Guarantor of Choice SM


CommonLine

TG supports all processes in CommonLine 4 (CL4) and CommonLine 5 (CL5) — Applications, Disbursements Rosters, and Change Transactions.

Note: TG is also able to support a mixture of CL versions for different record types on the same loan.

TG can accept and process the following record types:

  • Application/Loans in both CL4 and CL5
    • TG can accept and guarantee both Stafford and PLUS applications.
    • Processing types of Guarantee and Print (GP) as well as Guarantee Only (GO) are supported for loan requests. Note: an application packet will be generated and sent to the student if a processing type of GP is received.
    • For institutions with a CommonLine version of CL5, TG will accept application files from that institution in both CL5 and CL4.
    • The guarantee response sent to the originator of the application will be in the same CL version as was received.
  • Disbursement Rosters and Acknowledgements in both CL4 and CL5
    • TG must receive Disbursement Rosters in the version indicated on the lender’s profile on TG’s system.
    • The CommonLine version of the Disbursement Roster sent to the school will be determined by the school’s profile on TG’s system.
    • Schools will receive one consolidated Roster for their disbursements from all lenders.
    • TG’s Electronic Funds Transfer (EFT) can accept disbursement records for all except Adjusted Disbursements, which are used in netting.
  • Change Transactions in both CL4 and CL5
    • TG accepts and processes all change transactions types.
    • TG also facilitates an electronic return of funds on post-disbursement cancellations and school refund requests.
    • TG must receive Change Transactions in the version indicated on the school's or lender's profile on TG's system.
    • TG will forward school-originated Change Transactions to the lender in the CL version indicated on the lender's profile on TG's system.

AdvanTG Web™, TG’s School-Based Software (SBS), fully supports both CL4 and CL5 functionality.

  • Includes FFELP and Alternative Loan processing.
  • Works with all CommonLine compliant business partners' files.

Call (800) 332-1455 or send e-mail to product.support@tgslc.org to find out how TG and CommonLine can help you get the most out of electronic processing.

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CommonLine Change Transactions:

Quick Reference GuideAdobe Acrobat pdf document

Types and
Functions
Adobe Acrobat pdf document

CommonLine Customer Testing Procedure


For more information, contact:

TG Product Support
(800) 332-1455
product.support@tgslc.org

 

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